Key Market Indicators
Bosnia's musical instrument imports are forecast to decrease slightly to $1.46 million by 2026, from $1.48 million in 2021. This would represent a 0.2% year-on-year decrease in compound annual growth rate. Since 2008, demand for Bosnian musical instruments has risen 3.3% year-on-year. In 2021, Bosnia was ranked 86th, behind Nicaragua's $1.48 million. Germany, China and Japan were the second, third, and fourth highest importers respectively. Bosnia's musical instrument exports are projected to drop 2.7% year-on-year to $117,730 by 2026. In 2021, exports totaled $137,890. Since 2008, Bosnian musical instrument supply has increased 8.1%. In 2021, Bosnia was ranked 75th, behind Egypt's $137,890. Germany, the United States and Japan were the second, third, and fourth largest exporters respectively.
